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Illusions Of Wealth: Actively Manage Your Investments Or Expect Losses In This Volatile Economy (Black And White Version)
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To view Table of Contents (until .com posts the "Look Inside" feature, go here: http://illusionsofwealth.com/table-of-contents/ In order to keep your wealth from being an illusion, you must possess the ability to adjust your portfolio as the economic and investment climates change. Buy-and- hold strategies can work with some assets, but should not be the way forward for all your holdings. Applying the common sense of this book can grant you control of your future and your wealth. First, it is important to have a foundational understanding of our monetary, economic, banking, and Federal Reserve systems. That is the basis on which you build your portfolio, and this book is designed to make it easy to comprehend, as technical as it may seem. You’re driving blind in the investment world without this knowledge. From there it’s a matter of choosing the right advisor by asking the right questions—which you will find in this book. Or, you can acquire the confidence to manage your investments yourself, using the insights provided here. Many will skip over the foundational sections and go straight to the Investment section. I understand this desire to “tell me what to do” and you’ll find this section thorough in helping you maintain your wealth and profit moving forward. What are the economic conditions on the horizon that can affect your wealth? Why do you invest the way you do? Is it because someone told you to invest that way? Who do you trust for investment advice, and why? Are they any good? How much do they make from their recommendations to you? Did they protect your portfolio during the last financial crisis? Is another financial crisis around the corner? How have you structured your portfolio differently to protect your wealth if we were to experience another economic downturn? Inadequate education failed to teach us how to invest, so we relinquish control to advisors who may or may not have our best interests at heart. This book is written to bring you the awareness, confidence and insight necessary to conquer the future panics, crashes, and crises that will inevitably arise, and teach you how to profit whether the market is rising or falling. But most importantly, it is written to stand the test of time for generations to come, fulfilling the void left by our educational system. Isn’t it time you took control of your financial future?

Paperback: 444 pages

Publisher: Doug Eberhardt (July 4, 2016)

Language: English

ISBN-10: 0982586167

ISBN-13: 978-0982586167

Product Dimensions: 6 x 1 x 9 inches

Shipping Weight: 1.6 pounds (View shipping rates and policies)

Average Customer Review: 4.9 out of 5 stars  See all reviews (8 customer reviews)

Best Sellers Rank: #375,908 in Books (See Top 100 in Books) #88 in Books > Business & Money > Finance > Wealth Management #126 in Books > Business & Money > Investing > Commodities #199 in Books > Business & Money > Investing > Analysis & Strategy

All of us want to be “wealthy” or, at least, not “poor”, but it is not easy to achieve this goal. In Illusions of Wealth Doug Eberhardt outlines the various elements necessary to make this a reality. Sometimes he gets carried away with his explanations and is a bit long winded, but the information essential to making sound financial decision is readily available in this tome. It is a primer which every person should read and use to his or her advantage.Read the last three pages first. This will allow you to build your reading strategy along the lines of those things which are of most interest and importance to you. In these pages Eberhardt gives the reader a synopsis of what he has covered in the book and these pages will help you lay out your reading game plan. There is just too much information and some of it is too complicated to digest all at once. Use this book as a reference resource. Read it once to get an overview and then come back to it over and over again as you design your financial future.Doug Eberhardt says, "I hope to give my readers the awareness and confidence they need to develop investment strategies on their own. To keep your wealth from being an illusion, you must possess the ability to adjust your portfolio as the economic and investment climates change. I want to grant you control of your future and your wealth.”His publicist says, “Because an inadequate education system may have failed to teach us how to invest, we relinquish control to advisors who may or may not have our best interests at heart. This book is written to bring readers the awareness, confidence and insight necessary to overcome the future panics, crashes, and crises that will inevitably arise, and teach them how to profit whether the market is rising or falling.

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